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Oil production steady as new PM urges review of OPEC quota

Oil production steady as new PM urges review of OPEC quota
Oil production steady as new PM urges review of OPEC quota

2022-11-16 00:00:00 - Source: Iraq Oil Report

Flares burn at the West Qurna 1 oil field in October 2022. (JASSIM AL-JABIRI/Iraq Oil Report)

Iraq’s nationwide oil production averaged 4.72 million barrels per day (bpd) in October, according to field-by-field data compiled by Iraq Oil Report.*

In August and September, output topped 4.74 million bpd, which will likely be the high-water mark for the year since Iraq has committed to an OPEC-plus agreement to lower production.

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